Hanson Biotech Co., Ltd.

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Phone
82 - 42 -...
Web
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Country
KoreaKorea
Address
461-6 Jeonmin-dong
Yuseong-gu
Daejeon 305-811

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Company Description

In "The Third Wave", Alvin Toffler said that the third wave is 'Information' which would become an important part of our everyday lives and effect a fundamental restructuring of our society. Then, what is the fourth wave? The fourth wave appears to us to be a wave of 'Biotechnology'. With the advance of new technologies in genetic engineering, protein engineering, and tissue engineering, 'Biotechnology' is expected to have a dramatic impact on the world economy and human life over the next decade.

Under these circumstances, Hanson Biotech was founded in 2001 by Kyuboem Han (left) and Sanghyu
k Son (right). The company name 'Hanson' is derived from the two founders' last names. President Dr. Han, who received his doctoral degree in biochemical engineering from University of California, Irvine and had 18 years of industrial experiences of working with the global company LG, is in charge of R&D and production of a variety of biotech products. Another president Mr. Son, an outstanding business man who received his BS in economy from University of Southern California, takes care of company's financial administration.

We expect to make revenue of $10 million from tissue engineering business and $8 million from s
ales of animal health products in 2007. We aim to go public in Korea after company's total revenue reaches $20 million. Pre-IPO investors would realize at least over 500-1,000% return on investment through IPO event.


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